Single family home sales volume for the 4 counties. Data pulled from the CincyMLS.

Comparing the year-to-date solds in the CincyMLS for 2014 vs 2015, the total sales volume in dollars increased by 7%. $344,632,263. vs $370,017,828. The average sale price increased by 6% from $154,336 in 2014 to $164,279 in 2015. In the 4 county area comprising the greater Cincinnati market (table below) all 4 counties experienced higher average sale prices than last year.

2014

2015

# Units

Avg Sales Price

# Units

Avg Sales Price

Butler

470

$139,861

446

$151,899

Clermont

259

$150,716

268

$161,507

Hamilton

960

$159,454

1028

$168,687

Warren

261

$225,706

263

$227,907

2015 is getting off to a decent start and while the weather has been iffy- dedicated buyers are jumping over snow banks to look at listings. Sellers should be prepared for an uptick in foot traffic at the snow melts- so if you’re not getting showings- consider a new pricing strategy. Buyers continue to ask for seller contributions to help cover closing costs as well as paying for title insurance and home warranties.

Do you have questions about sale prices in your neighborhood- send a request for a full market evaluation. Want to start house hunting now 513-300-4090.

This entry was posted on Friday, March 6th, 2015 at 10:58 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed.
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